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Gold Futures End Higher Despite COMEX Losses

KUALA LUMPUR, Oct 28 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher on Wednesday, despite losses on the US Commodity Exchange (COMEX).

At the close, the October 2026 contract rose to US$4,052.1 per troy ounce from US$3,997.6 on Tuesday, while the November 2026 contract climbed to US$4,067.8 from US$4,013.3 previously.

The December 2026, January 2027, February 2027 and April 2027 contracts increased to US$4,082.5 per troy ounce from US$4,028.0 at Tuesday’s close.

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Trading volume slipped to 52 lots from 71 lots on Tuesday, while open interest decreased to 122 contracts from 153 previously.

Physical gold was fixed at US$4,057.25 per troy ounce at the London Bullion Market Association’s afternoon fixing on Oct 27, 2026.

-- BERNAMA

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